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have given us arab awaking 101, 201 and 301. >> next, steve ratner talks about addressing the fiscal cliff. of he was joined by the state department's chief economist at the world affairs council to talk about president obama's second term and policy changes ahead. this is about an hour. [applause] >> thank you very much for that introduction. lori has said to me that since we started a bit late, provided it's okay with our speakers, we'll run a little built late, maybe five or ten after two. i'm going to ask them questions for about 40 minutes and then throw the floor open to you. so get your notebooks out and your questions, you can grill them in a moment. before starting, lori asked me to set the frame a little bit and to talk just for a moment about the u.s. competitiveness and the u.s. economy in a global context. and their actually was an oecd report that came out this morning that does that admirably. this report predicts that within four years, by 2016, the chinese economy will be bigger than the economy. and what the oecd report sort of further says, it's a great report. if
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